Do you think crypto trading can help nation with no Job create jobs?

[Bitcotalk]

It may be a help but it can also be a disaster. If a nation will consider crypto trading as a job, it will somehow be a help for anyone. But not all crypto trading is a success one, it will be the reason for falling. There are many reasons to turn it down, looking at how the market's situation. Just consider it  as a sideline job.

I do think so and can quote the role the digital currency that is Bitcoin has been playing in countries like Venezuela which is both politically and economically in crises and has suffered a lot. The spread of Bitcoin in the country has relieved the people up to an extent and thereby slowing down the rising hyperinflation.

This further leads reduced the money printing which also give rise to inflation according to the rule of monetary economics. SO those who could not do business with little money now speculate and invest in Bitcoin which make them the money.

[goldade]

While trading crypto might be a good alternative to a significant few, helping them make money and improving their standards of living, it it can't be extended to the whole country and as such is unsustainable on the long run
I think what the country can do is to teach its citizens how to be entrepreneurs. Trust me, the government alone can't create the number of jobs enough for its people and that's the reason it needs entrepreneurs. You'd agree with me that a large percentage of the jobs in a country are created by entrepreneurs and not the government

[conected]

While trading crypto might be a good alternative to a significant few, helping them make money and improving their standards of living, it it can't be extended to the whole country and as such is unsustainable on the long run
I think what the country can do is to teach its citizens how to be entrepreneurs. Trust me, the government alone can't create the number of jobs enough for its people and that's the reason it needs entrepreneurs. You'd agree with me that a large percentage of the jobs in a country are created by entrepreneurs and not the government

- But entrepreneurship is not an easy thing to achieve, a lot of people can only be workers or an ordinary employee throughout their life, the entrepreneur is a height they cannot reach when the conditions for this job are numerous, from intelligence to capitalization, plus a little luck, that's why entrepreneurs in countries are relatively few while employees are many. And crypto will not be able to help in this regard as it is not a stable and legal product in countries, trading with most people is just a side job, the main job like trading is too risky

[cheezcarls]

I don't think crypto trading can be a "job for the jobless". Let's just call it as another income source, but not a job because there are risks involved and no promises or guarantees to be made in terms of profit. They can start a business, but entrepreneurship is not as easy as you think. You will go all the way down first with struggles, uncertainties, challenges, etc., until you slowly go up by not quitting your business.

They could do something like these outside of crypto:

* Affiliate marketing or resellers
* Live streaming of games
* E-commerce
* Network marketing (legit ones)
* Domain or site flipping
* Small gigs (e.g., data entry, transcription, article writing, video editing, graphics, etc.)

[Sinjokubhi]

there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?

If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading

If you trade can you say this from experience or you will say no?  

Also if 0% commission on Otc trading with HBG.com they can also buy and sell that could be another way

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I think crypto trading can be an alternative, depending on the needs of each of us. To be used as a place to make a living, I think it also depends on how you want to be. If you feel you can make a living through trading, if that is one of the ways you can make a living, if your expertise is in that field and there is pleasure or comfort in yourself, then live it what it is!

From crypto trading we can definitely earn, back to ourselves. How do we manage and run it. An expert trader can make a profit even on a daily basis. They can make a living from their trade. But don't rely too much on this crypto trading, because from time to time conditions may not improve, such as financial conditions (prices). This is what is often faced by traders, facing the rise and fall of the price of assets they hold in a currency such as BTC (Bitcoin).

All jobs must have their respective advantages and risks, it remains just how we can anticipate this coming, and if it has been experienced, then don't give up because you experience losses, we will all have experienced losses. Face the consequences, remain consistent and patient in making and making decisions.

[ven7net]

there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?

If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading

If you trade can you say this from experience or you will say no?  

Also if 0% commission on Otc trading with HBG.com they can also buy and sell that could be another way

trading platform www.huobimena.com Huobi MENA is an official branch of Huobi global

telegram: https://t.me/HBMENA

Huobi MENA

The most trusted digital asset exchange in the MENA region!

I believe that cryptocurrencies can give a certain number of people the opportunity to get a job. However, here you need to understand that this may be a temporary or non-permanent opportunity. Why is that? The fact is that the conditions in the crypto market are changing and if yesterday they were suitable for many, then tomorrow some people will not be able to work with crypto, or, on the contrary, positive changes can attract even more people. However, cryptocurrencies themselves will not be able to help in solving problems with unemployment, but they can try to solve this problem in part.

[sniveel]

I think not, if people will try to trade cryptocurrencies without any knowledge on it, then it has a higher chance that they lose funds. So it is better for a nation or certain government to teach first their  people about cryptocurrencies before creating a jobs related to it.

[SquallLeonhart]

I think not, if people will try to trade cryptocurrencies without any knowledge on it, then it has a higher chance that they lose funds. So it is better for a nation or certain government to teach first their  people about cryptocurrencies before creating a jobs related to it.

Yeah, What I wonder is that why does it have to be trading? I mean sure trading could profit you if you know what you are doing, you could literally build like a wall street type of company and do that for crypto.

Just like how the wall street companies buys a ton of stocks and so forth which means they are holding them and making profit from them while small investors buy and sell to hopefully make a bit, in crypto you could basically end up with same, a company that buys and holds crypto and makes profit from that and grows bigger so more people give them their money and they buy more crypto.

[Trinx01]

We should not rely on our future in trading because that is risky there are already a program or subject taught in school about cryptocurrency so maybe they are also discussing trading but I don't think that it would be enough for them to learn it so fast and accurately because learning trading takes so much time, you have to put a big effort on it before you gain a good knowledge about it.

Some people choose crypto trading over their career on which they prefer to leave their work in a company just to focused on day trading which is a risky part for them but that won't be too risky if they already have good knowledge about it.

[TedMosby]

I can't access https://www.huobimena.com/, my browser says, it's not secure.
the SSL feature should be enabled.

Do you think crypto trading can help nation with no Job create jobs?
unless you are a well-educated and trained trader, you are good to go.
the narrative of crypto trading is bad. we usually found misleading information regarding crypto trading.
people think it's easy to get money from crypto trading.
the volatility can make you rich and poor fast.
the crypto market is still dominated by speculation.
so I think crypto trading is not for those people who want to get a job.

however, this crypto industry, in general, might open opportunities for those people.
a lot of roles and jobs are available in this field.
all crypto start-up needs marketing, development, analyst, etc.
even microtask like we had on this forum for a couple of years, such as signature campaign, paid micro-task, paid review, etc can give you decent money.

[Yaunfitda]

I think not, if people will try to trade cryptocurrencies without any knowledge on it, then it has a higher chance that they lose funds. So it is better for a nation or certain government to teach first their  people about cryptocurrencies before creating a jobs related to it.

And definitely people need capital to begin with their trading activity, so if by chance they are unemployed then obviously they can't start. So this is not an option for individuals living in a nation with a high unemployment rate.

And crypto trading is not a sure way to bring profits or at least bring food in the table for your family. You really need to be self reliance or look for better alternatives. In 2017, I've read a lot of threads here about people quitting their job to do full 24x7 crypto trading. But we all know that 2018 was a bear market, not sure how they've survived specially if they rely on it.

[blockman]

There is saying that were "Many are called but few are chosen", this means that not everyone who will come into
cryptocurrency will become successful in the end.

That's not a saying but a bible verse on Matthew 22:14

They're might be some of them but not all, real talk only. If one nation will do crypto trading
they're economy and traditional business will fall for sure in my own views and assessment or opinion.

A country cannot rely wholly on crypto trading. There are other industries that their people should live in because not everyone can trade and not everyone can bear the risk of cryptocurrencies. But in every aspect of industry, there's already trading that's being done most of the time.

[Smartvirus]

There are several ways to generate wealth within a nation and as such, relying on one, lets say trading is far from saving a nation from economic crisis. But, should there be other forms with trading as one passive form because, it's always a matter of professionalism and tactics, It could help and else some burden on the government. By trading, the dependency on government is reduced and you have a lot of productive individuals or active labour force within a nation, generating wealth and looking to reinvest in gainful fields within the nation.

[Rengga Jati]

Trading is very risky. It is only for those who are brave to take risks, have good knowledge of trading, having good emotional management, including good management of risks and funds. But, it is better not to think that trading can really make us solve our financial problems and also make us rich easily. We must also think about the risk of trading, that is losing our money, much more very easily.
That is why before we are really ready with it, it is better to learn about trading at first, not only following what other people are doing right now.

[airdata]

Crypto currency trading is very good and profitable way for good earning and Employed  and unemployed both person can earn from crypto trading but i want tell here that don’t suggest crypto Currency trading with your all friends becouse trading not easy for all, need experience and Knowledge about Market and Coin.                 

[ScamViruS]

Crypto currency trading is very good and profitable way for good earning and Employed  and unemployed both person can earn from crypto trading but i want tell here that don’t suggest crypto Currency trading with your all friends becouse trading not easy for all, need experience and Knowledge about Market and Coin.                 

Trading is a risky thing that not everyone can do. It is easy to open a trade but the most difficult thing is to make a profit out of that trade. It takes a lot of hard work to become an experienced trader. A trader cannot make a profit from his trade if he does not have the right idea about the market.

So if you are not an experienced trader then if you are ready to trade then it will be a risky decision. The movement of the market and the fundamental things of the market must be understood in advance.

[Kasabus]

Trading is very risky. It is only for those who are brave to take risks, have good knowledge of trading, having good emotional management, including good management of risks and funds. But, it is better not to think that trading can really make us solve our financial problems and also make us rich easily. We must also think about the risk of trading, that is losing our money, much more very easily.
That is why before we are really ready with it, it is better to learn about trading at first, not only following what other people are doing right now.

Yes, it is to find risky but why many people have the guts to try this? This is because they think that trading will be profitable.
Risk-takers will do and some of them had to succeed. This is the fact that trading can't be for everyone, the same thing as Bitcoin/crypto. If we always think negatively, there is no way we succeed in trading but most likely, we have to lose.

If we think that this could give us a better opportunity to make money while having no job, then we will have to work it and be positive and committed to what we do, otherwise, you will be right.

[Renampun]

Even with rigorous and hard training, trading is not something that is easy to master...
If you ask existing traders 'why are they trading' then they will surely answer because I am confident and dare to take risks. Besides having to have basic trading skills, traders must also have a 'not afraid to lose' mentality so they can trade calmly and without losses.

[MCobian]

Of course crypto trading can be a solution for people who have lost their jobs. Because if we can analyze the market well, crypto trading should be
a source of income. Indeed, I admit that it is not easy to become successful traders, especially since the crypto market is very volatile. Therefore,
it requires discipline in trading, we must really stick to the plan, don't let emotions affect the trading strategies that we have run. In a pandemic
situation like now it is very difficult to find work, therefore crypto trading really helps the country provide jobs.

[DoublerHunter]

Because of the crypto trading during pandemic some people earn money so it is very helpful this kind of opportunity to the people. And I believe that it will going to rise the people who earn money because of the trading and the advantages of this even they don't have job they can earn profit and it is help the nation to less the people who do not have job.

^ It is not easy to jump into crypto and doing trading without even have the knowledge and this is the reason most people lose their money because they are chasing profit. In my own, it is helpful if you already understand and have skills in trading but if not, better to study first before having a decision on crypto trading. Nevertheless, I don't agree with this, you need to find a job first because trading is very risky, and do not rely on your family budget to gamble in trading.